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5626 & 5628 Van Cleef Street
Corona NY 11368 US

$3,490,000

Active Listing ID 976317
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Lot: 0.06 Acres
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$3,490,000

Active Listing ID 976317
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5626 & 5628 Van Cleef Street RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.2% Cap Rate with a Net Operating Income (NOI) of $251, 447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Heating Fuels: Hot Water(Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3490000
  • unparsedaddress: 5626 & 5628 Van Cleef Street
  • postalcity: Corona
  • stateorprovince: NY
  • country: US
  • postalcode: 11368
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0617
  • lotsizeunits: Acres
  • lotsizearea: 0.0617
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Xing Zheng
  • listagentemail: derek@linpanrealty.com
  • listagentkey: 3yd-MLSLINY-166870
  • listagentmlsid: 166870
  • listagentpreferredphone: 9179023898
  • listofficekey: 3yd-MLSLINY-LNPN01
  • listofficemlsid: LNPN01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 2007
  • listingcontractdate: 2026-03-25
  • listagentfax: 5166739311
  • listagenturl: http://www.linpanrealty.com
  • countyorparish: Queens
  • parcelnumber: 01967-0012
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • heating: Hot Water(Heating)
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Open
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • utilities: Cable Available
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lin Pan Realty Group LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"derek@linpanrealty.com", "ListBrokerageCity":"Great Neck", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@linpanrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Lin Pan Realty Group LLC", "ListBrokeragePhone":"(516) 693-9888", "ListBrokeragePostalCode":"11021", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"142A Middle Neck Rd", "ListBrokerageWebsiteUrl":"http://www.linpanrealty.com", "ListOfficeAddress1":"5 Bond St Suite #201 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"LNPN01", "ListOfficeCity":"Great Neck", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@linpanrealty.com", "ListOfficePostalCode":"11021", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Corona, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-04-03 07:12:40", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6900, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/3/2026 7:14:37 AM GMT
Source Updated Date: 4/4/2026 6:53:29 PM GMT

Courtesy of: Xing Zheng, Lin Pan Realty Group LLC, derek@linpanrealty.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.